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Macarthur Minerals Launches Fully Underwritten A$2M Rights Issue to Boost Lake Giles Project
1:47am on Monday 2nd of June, 2025 AEST
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Mining
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Macarthur Minerals Launches Fully Underwritten A$2M Rights Issue to Boost Lake Giles Project
1:47am on Monday 2nd of June, 2025 AEST
Key Points
Pro-rata non-renounceable rights issue to raise approximately A$2 million
Offer fully underwritten by Gold Valley Yilgarn Pty Ltd
New shares issued at A$0.02 with free attaching options exercisable at A$0.03
Funds to support corporate operations and strategic evaluation of Lake Giles Iron Project
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